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Ohio is one of the few states where sports betting is legal. The state offers residents a number of online sportsbooks, as well as in-person sports betting at casinos, racinos, and pro sports arenas. Many of these Ohio casinos offer sign-up bonuses. These often include a Second Chance bet, where your stake is returned as bet credit should your first wager lose.
Casinos Gain While Sports Betting Misses the Mark
Ohio’s dense population and a host of professional and college sports teams should make it one of the top states to offer legal sports betting. The state’s sportsbook operators have already been busy preparing for the launch of legal wagering, and many have already started offering promos to attract new customers.
For example, the Barstool Sportsbook Ohio offers a No-Regret First Bet that gives new players their initial stake back as bonus bet credits when they place their first bet. This promotion does have some terms and conditions to consider, but if you’re looking for an enticing sign-up bonus, it might be worth taking a look at this operator.
Similarly, the FanDuel Sportsbook Ohio has an offer that rewards new bettors with up to $100 in bonus bets when they deposit and make their first bets. The terms of this offer are straightforward – just register and bet on any game that’s highlighted in the bet slip on the desktop or in the bottom menu on mobile, and your bet will qualify. You can check more at https://focusgn.com/.
Online Sportsbooks Increase Activity
Sports betting is now up and running in Ohio. It’s a big boost for the state’s gambling establishments. They have already seen revenue gains through the first six months of 2023, and are ahead year-over-year.
The state has a total of 21 Type A licenses, which allow casinos, racinos, and professional sports arenas to operate online sportsbooks. Almost all of the operators offering Ohio sportsbooks offer some kind of signup bonus for new customers. These will often require a promo code. Which you’ll be offered the opportunity to enter during the process of opening an account. A good example is the Barstool Sportsbook Ohio offer. Which gives new customers a no-regret first bet of up to $1,000.
Gaming Revenue Increases
The new year began on a high note for gambling in Ohio casinos. Despite some issues and concerns, state casinos are on track to break records in 2023. Local businesses also hope sports betting will bring in more business and help the state’s economy.
The 11 casinos and racinos in the state made $204.6 million in gambling revenue during April. Licensed sportsbooks made up about $63.7 million of the total taxable gaming revenue.
Ohio casinos and racinos will be looking for an increase in sports betting revenues in the months to come as they add more sportsbooks to their locations. That could draw bettors who may not have gone to their favorite casino or racino without sports betting available.
Problem Gamblers Get Help
While problem gambling may seem different than substance abuse, it affects the brain in a similar way. A scan of a person using cocaine and one of someone betting on sports will light up the same parts of the brain, says an addiction specialist.
Those close to people with gambling disorders should educate themselves on the issue and take precautions, like setting boundaries in managing money. They should also know that they cannot force their loved ones to stop. They can, however, set financial strategies that will prevent their loved one from spending beyond what they have.
The Ohio Lottery’s Play Responsibly initiative provides information about problem gambling warning signs. Along with, access to treatment programs and the state’s voluntary self-exclude program for gambling establishments. The Office of Problem Gambling also offers free training on the topic for counselors in the state.